2Lun·

UFPT Releases Its Numbers and Hits the Gas!

$UFPT (-2,34 %)

The company reported strong preliminary results yesterday.

The earnings call will take place today at 2:30 p.m. CET.


*UFP Technologies reported a net income of $20.9 million for the second quarter, an increase of 21.4 percent.


* Revenue climbed 15.1 percent to $174 million.


* The gross margin expanded to 29.3 percent, up from 28.8 percent in the same quarter last year.

* Operating income rose by 15.5 percent to $28.1 million.


* Revenue from the top 5 customers grew by 14.7 percent; the rest of the medtech business grew by 19.7 percent, while the non-medical segment remained unchanged.

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2 Comentarios

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Good division of labor 👍😂
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I'm staying invested. Thanks for the detailed report.
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